JOY RIDES
ActiveSummary
JOY RIDES has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €467,452 and a net result of €312,969. Equity is growing by ~224.2% per year across the filed fiscal years. Its solvency ranks better than 51% of 3023 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability92▲+5
Solvency53▼-25
Growth85=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30,000 at 30 days acceptable
Liquidity short (current ratio 0.88 against 1.42 in 2023; short-term debt: 33.8% and cash: 25.6% of total assets), and 72.2% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 93
Relative position
BE, all sectors
reference
Sports, amusement and recreation activities (NACE 93)
about 50% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-07-2025, 0 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
not confirmed
2024
on the day
2023
30 d early
2022
28 d early
2021
31 d early
2020
30 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 24 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Public money How does this company compare with its sector?Sector benchmark
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, micro schema
In the rankings
#10 company by total assets in Beveren-Kruibeke-Zwijndrecht, Arts, sports and recreation sector
Turnover
€631,803▲ 224%
2021 · €194,749
EBIT margin
18.3%▲ 5.2pp
2021 · 13.1%
Net result
€312,969▲ 653%
2023 · €41,556
Working capital
-€67,369
2023 · €58,494
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 93, Sports, amusement and recreation activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Turnover€55,352-€194,749▲ 252%€631,803▲ 224%
Operating result-€1,787-€25,460€115,386▲ 353%€61,756▼ 46.5%€325,384▲ 427%
Net result-€1,787within the sector's middle half-€23,130above the sector's middle half€86,584above the sector's middle half▲ 274%€41,556above the sector's middle half▼ 52.0%€312,969above the sector's middle half▲ 653%
EBIT margin-3.2%-13.1%▲ 16.3pp18.3%▲ 5.2pp
Equity€3,213within the sector's middle half-€26,343within the sector's middle half▲ 720%€112,927above the sector's middle half▲ 329%€154,483above the sector's middle half▲ 36.8%€467,452above the sector's middle half▲ 203%
Total assets€16,467below the sector's middle half-€32,365below the sector's middle half▲ 96.5%€187,898within the sector's middle half▲ 481%€292,474within the sector's middle half▲ 55.7%€1.7mabove the sector's middle half▲ 474%
Debt€13,254-€6,022▼ 54.6%€74,971▲ 1,145%€137,991▲ 84.1%€1.2m▲ 778%
Working capital€3,213within the sector's middle half-€8,693within the sector's middle half▲ 171%€59,360above the sector's middle half▲ 583%€58,494above the sector's middle half▼ 1.5%-€67,369below the sector's middle half
Solvency19.5%within the sector's middle half-81.4%above the sector's middle half▲ 61.9pp60.1%above the sector's middle half▼ 21.3pp52.8%within the sector's middle half▼ 7.3pp27.8%within the sector's middle half▼ 25.0pp
Current ratio1.24within the sector's middle half-2.44above the sector's middle half▲ 1.201.79within the sector's middle half▼ 0.651.42within the sector's middle half▼ 0.370.88within the sector's middle half▼ 0.54
Return on assets (ROA)-10.9%below the sector's middle half-71.5%above the sector's middle half▲ 82.3pp46.1%above the sector's middle half▼ 25.4pp14.2%above the sector's middle half▼ 31.9pp18.6%above the sector's middle half▲ 4.4pp
Staff (FTE)4.5
above
within
below
the middle half (P25 to P75) of NACE 93, Sports, amusement and recreation activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 427% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.7m
Fixed assets
€1.2m ▲ 1,129%
Current assets
€499,719 ▲ 154%
Equity and liabilities €1.7m
Equity
€467,452 ▲ 203%
Debt
€1.2m ▲ 778%
Debt's share of the balance-sheet total rises from 47.2% to 72.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€377,610▲
2023 · €73,598
Cash flow
€365,195▲
2023 · €53,398
Quick ratio
0.85▼
2023 · 1.35
Debt to equity
2.59▲
2023 · 0.89
ROE
67.0%▲
2023 · 26.9%
Interest coverage
22.80▼
2023 · 2725.85
Debt ≤ 1 year
€567,087▲
2023 · €137,991
Debt > 1 year
€645,031
Income taxes
€156,725▲
2023 · €20,193
Staff costs
€66,506▲
2023 · €54,642
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,713 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 96% are still going.
- Micro
- 5 to 10 years old
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
1.8%
went bankrupt
2.2%
stopped otherwise
96%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.6% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 6,713 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €55,352 | €194,749 | €631,803 | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | €160,782 | €484,697 | - | - | - |
| Remuneration, social security and pensions62 | - | €5,881 | €25,499 | €54,642 | €66,506 | ▲ 21.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €1,950 | €2,281 | €11,842 | €52,226 | ▲ 341% |
| Other operating charges640/8 | - | €676 | €3,940 | €4,463 | €105,529 | ▲ 2,265% |
| Gross operating margin9900 | -€662 | €33,967 | €147,106 | €132,703 | €549,645 | ▲ 314% |
| Operating profit (loss)9901 | -€1,787 | €25,460 | €115,386 | €61,756 | €325,384 | ▲ 427% |
| Financial income75/76B | - | - | €1 | €20 | €160,873 | ▲ 804,265% |
| Recurring financial income75 | - | - | €1 | €20 | €0 | ▼ 98.3% |
| Non-recurring financial income76B | - | - | - | - | €160,873 | - |
| Financial charges65/66B | - | €17 | €129 | €27 | €16,564 | ▲ 61,246% |
| Recurring financial charges65 | - | €17 | €129 | €27 | €16,564 | ▲ 61,246% |
| Profit (loss) for the period before taxes9903 | -€1,787 | €25,443 | €115,258 | €61,749 | €469,694 | ▲ 661% |
| Income taxes67/77 | - | €2,313 | €28,674 | €20,193 | €156,725 | ▲ 676% |
| Profit (loss) for the period9904 | -€1,787 | €23,130 | €86,584 | €41,556 | €312,969 | ▲ 653% |
| Profit (loss) for the period to be appropriated9905 | -€1,787 | €23,130 | €86,584 | €41,556 | €312,969 | ▲ 653% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €16,467 | €32,365 | €187,898 | €292,474 | €1.7m | ▲ 474% |
| Fixed assets21/28 | - | €17,650 | €53,567 | €95,989 | €1.2m | ▲ 1,129% |
| Tangible fixed assets22/27 | - | €17,550 | €53,467 | €95,889 | €1.2m | ▲ 1,130% |
| Land and buildings22 | - | - | - | - | €760,820 | - |
| Plant, machinery and equipment23 | - | €17,550 | €53,467 | €95,889 | €397,615 | ▲ 315% |
| Furniture and vehicles24 | - | - | - | - | €21,317 | - |
| Financial fixed assets28 | - | €100 | €100 | €100 | €100 | = |
| Current assets29/58 | €16,467 | €14,715 | €134,331 | €196,485 | €499,719 | ▲ 154% |
| Stocks and contracts in progress3 | - | - | - | €9,852 | €15,642 | ▲ 58.8% |
| Stocks30/36 | - | - | - | €9,852 | €15,642 | ▲ 58.8% |
| Amounts receivable within one year40/41 | €8,030 | €3,214 | €31,847 | €58,244 | €53,486 | ▼ 8.2% |
| Trade receivables40 | - | €315 | €12,500 | €16,908 | €53,486 | ▲ 216% |
| Other amounts receivable41 | - | €2,899 | €19,347 | €41,336 | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | €8,437 | €11,501 | €102,484 | €128,389 | €430,591 | ▲ 235% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €16,467 | €32,365 | €187,898 | €292,474 | €1.7m | ▲ 474% |
| Equity10/15 | €3,213 | €26,343 | €112,927 | €154,483 | €467,452 | ▲ 203% |
| Contributions10/11 | - | €5,000 | €5,000 | €5,000 | €5,000 | = |
| Reserves13 | - | €21,343 | €107,927 | €149,483 | €462,452 | ▲ 209% |
| Distributable reserves133 | - | €21,343 | €107,927 | €149,483 | €462,452 | ▲ 209% |
| Profit (loss) carried forward14 | -€1,787 | - | - | - | - | - |
| Amounts payable17/49 | €13,254 | €6,022 | €74,971 | €137,991 | €1.2m | ▲ 778% |
| Amounts payable after more than one year17 | - | - | - | - | €645,031 | - |
| Financial debts170/4 | - | - | - | - | €645,031 | - |
| Amounts payable within one year42/48 | €13,254 | €6,022 | €74,971 | €137,991 | €567,087 | ▲ 311% |
| Current portion of amounts payable after more than one year42 | - | - | - | - | €57,655 | - |
| Trade debts44 | €12,807 | - | €36,537 | €69,095 | €205,905 | ▲ 198% |
| Suppliers440/4 | - | - | €36,537 | €69,095 | €205,905 | ▲ 198% |
| Taxes, remuneration and social security45 | - | €5,166 | €28,853 | €32,391 | €203,209 | ▲ 527% |
| Taxes450/3 | - | €2,313 | €28,853 | €20,193 | €203,209 | ▲ 906% |
| Remuneration and social security454/9 | - | €2,853 | - | €12,198 | €0 | ▼ 100% |
| Other amounts payable47/48 | - | €856 | €9,581 | €36,505 | €100,319 | ▲ 175% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€1,787 | €23,130 | €86,584 | €41,556 | €312,969 | ▲ 653% |
| + Depreciation and write-downs630 | - | €1,950 | €2,281 | €11,842 | €52,226 | ▲ 341% |
| Operating cash flow (approximation) | -€1,787 | €25,080 | €88,865 | €53,398 | €365,195 | ▲ 584% |
| Investment in fixed assets (approximation) | - | - | -€38,198 | -€54,264 | -€1.1m | ▼ 1,994% |
| Change in cash | - | €3,064 | €90,983 | €25,905 | €302,202 | ▲ 1,067% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2020net €312,969 ▲653%
Operating result €325,384, net result €312,969, both a record.
31-12
Financial
Equity above €200,000Eq €467,452 ▲203%
4 profitable years in a row build equity to €467,452.
01-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €150,000Eq €154,483 ▲36.8%
3 profitable years in a row build equity to €154,483.
03-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €100,000Eq €112,927 ▲329%
2 profitable years in a row build equity to €112,927.
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €23,130
Net result €23,130 after one loss-making year.
01-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Beveren-Kruibeke-Zwijndrecht · 1 establishment unit since 2020
Ground area
1,905 m²
Building footprint
1,434 m²
Volume, LiDAR
3 m³
Parcel 46503C1369/00R000, Flanders · tallest building 0.6 m. Linked by address, not a title deed.
1 establishment unit
JOY RIDES
since 20202.300.582.553
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46503C1369/00R000 | Flanders | 1,905 m² | 1 · 1,434 m² | 0.6 m |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2024 · 1 entry · 908 EUR awarded · 908 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 908 EUR | 908 EUR |
Recognitions · licences · registrations
Food safety, FASFC
1 siteBeveren-Kruibeke-Zwijndrecht2.300.582.553
Similar companies · same sector, comparable size
POLYP
BE 0431.491.632
Jodoigne · Eq €486,432
VADE en Co
BE 0451.323.182
Elsene · Eq €501,827
DOTREMONT-SAELENS
BE 0886.992.942
Jodoigne · Eq €432,718
AUMAX
BE 0445.813.483
Jemeppe-sur-Sambre · Eq €511,194
J.F. VLASSELAERTS
BE 0807.692.373
Puurs-Sint-Amands · Eq €416,991
Of 1,033 companies in sector 93291 we hold annual accounts for 161. 115 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded28-02-2020
Fiscal year end31-12
Activities, NACEBEL 2025
93291Operation of fairground attractions
93210Sports, amusement and recreation activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0744570218
Also
9925:BE0744570218
Registered
31-03-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.